Regions Financial Corp (RF) concluded trading on Wednesday at a closing price of $24.52, with 5.67 million shares of worth about $138.94 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 14.05% during that period and on February 19, 2025 the price saw a loss of about -0.57%. Currently the company’s common shares owned by public are about 909.00M shares, out of which, 905.62M shares are available for trading.
Stock saw a price change of 0.53% in past 5 days and over the past one month there was a price change of 1.32%. Year-to-date (YTD), RF shares are showing a performance of 4.25% which increased to 32.18% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $17.72 but also hit the highest price of $27.96 during that period. The average intraday trading volume for Regions Financial Corp shares is 7.82 million. The stock is currently trading 0.41% above its 20-day simple moving average (SMA20), while that difference is up 0.70% for SMA50 and it goes to 8.35% higher than SMA200.
Regions Financial Corp (NYSE: RF) currently have 909.00M outstanding shares and institutions hold larger chunk of about 81.40% of that.
The stock has a current market capitalization of $22.29B and its 3Y-monthly beta is at 1.20. PE ratio of stock for trailing 12 months is 12.69, while it has posted earnings per share of $1.93 in the same period. Its PEG reads 1.54 while making debt-to-equity ratio of 0.36. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for RF, volatility over the week remained 1.31% while standing at 1.85% over the month.
Stock’s fiscal year EPS is expected to rise by 6.60% while it is estimated to increase by 10.34% in next year. EPS is likely to grow at an annualized rate of 8.24% for next 5-years, compared to annual growth of 5.11% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Morgan Stanley on December 09, 2024 offering an Equal-weight rating for the stock and assigned a target price range of between $28 and $32 to it. Coverage by Keefe Bruyette stated Regions Financial Corp (RF) stock as an Outperform in their note to investors on October 31, 2024, suggesting a price target of $28 for the stock. On October 29, 2024, Stephens Upgrade their recommendations, while on October 24, 2024, Deutsche Bank Upgrade their ratings for the stock with a price target of $26. Stock get a Buy rating from Argus on October 24, 2024.
